The Vedic city will become like a gift city

The Vedic city will become like a gift city

The proposed Vedic City in Ramnagari Ayodhya will be developed on the lines of Gift City in Gujarat. The project being developed by the Housing Development Council will set standards similar to those of Gift City. The state government is acquiring land in Ayodhya for a green field township project in the name of Vedic City. This proposed residential colony is being built in Shahnawajpur and Manza Barehata village along the Lucknow highway under the New Ayodhya project. Housing Development Board is acquiring 1450 acres of land for Vedic City. A team of officials from the Housing Development Council inspected the Gift City before deciding the format, map and norms for the construction of the Vedic City. After inspection it has been decided to set the norms of Vedic City on the lines of Gift City.

Pixel entry in India after Apple

Assembling of mobile phones is the focus of Google CEO Sundar Pichai's visit to India. He discussed the manufacturing of Google phones in India, developing the app developer ecosystem, cyber security and use of Indian languages. 50 percent of the Google Pixel 7 phone is being manufactured at Foxconn in South China. It is planning to move to Vietnam. However, the Indian government is also in preliminary talks with the company to use India as an assembly base. If the Indian government's talks are successful, Google will be the third global mobile device maker to use India as an export-oriented manufacturing hub. Apart from this, other major companies in this sector include Apple and Samsung. In the year 2020, Google announced an investment of 10 billion dollars in India.

Over 10 lakh Koo app downloads

Social media platform Koo app has received good response from users in Brazil. The Koo app has received an overwhelming response with over 1 million user downloads within 48 hours of its launch in the Brazilian market. Twitter rival Koo aims to launch in multiple languages ​​around the world and strengthen its international reach by making the app available in more countries, the announcement comes as Twitter owner Elon Musk lays off a large number of employees in a major overhaul of Koo App, India's multilingual micro -Blogging platform launched in Brazil with Portuguese language. Koo said in a statement. It is now being made available in 11 native languages.

Samsung's collaboration with startups

Consumer electronics maker Samsung said it will partner with startups working on technologies for the Indian government's Digital India scheme to accelerate its digital journey in the country. Samsung is inviting startups to collaborate on technologies including UPI, DigiLocker, Open Network for Digital Commerce, Open Credit Enablement Network and Unified Health Interface.

These startups will partner with Samsung's R&D centers and business units in India and work in areas like wallet, health, fitness. In addition, the company will also provide funding support to some of these startups and help scale up their solutions.

Over 3300 crypto accounts under investigation

The country's Finance Intelligence Unit has been monitoring more than 3,300 cryptocurrency accounts in the last eight months. These accounts have been reported to be involved in illegal activities. There are indications that these crypto accounts are being used for money laundering, drug trafficking and other illegal activities. The Financial Intelligence Unit has provided this information to crypto exchanges present in India and abroad. The Financial Intelligence Unit has directed crypto exchanges to close these suspicious crypto accounts.

In the last few months (April to November) we have tracked around 3300 crypto accounts linked to various illegal activities. The list has also been shared with the Enforcement Directorate, Income Tax Department and the Central Bureau of Investigation.

Seven penny stocks rose more than 1,000 percent

2022 was a volatile year for Indian stock markets due to interest rate hikes and geopolitical tensions. However, some investors have found fortune by investing in lesser-known penny stocks. Both MGE Sensex and Nifty 50 have gained more than 7 percent each in 2022. While there are seven penny stocks that have returned more than 1000 percent since the beginning of the year. Generally, penny stocks are priced below Rs.10 and are considered the riskiest of the categories.

The list includes seven companies that reported losses for several quarters and in some cases zero revenue. Among these seven stocks, the share of Kaiser Corporation increased by 1959 percent, Hemang Resources by 1612 percent, Alliance Integrated Metallics by 1578, KBS India by 1377, Sonal Adhesive by 1358, BK Niryat by 998 and Ashinsa Industries by 997 percent.

Tamil Nadu India's first net zero state

India has announced to become net zero by 2070. Then Tamil Nadu has played a role in this issue. This was announced by the Chief Minister of the state MK Stalin. Tamil Nadu has started climate change. It lays emphasis on strengthening their readiness and strength to work in the directions of the Kalaimatelians. Many countries have announced that they can become net zero by the year 2050 in order to avoid working in a downward spiral. India has also announced a deadline of 2070.